Freeport-McMoRan Chief Accounting Officer Sells $334,000 Worth of Stock
Ellie L. Mikes liquidated 4,773 shares at $70 per share, reducing her direct holdings by 12% after the stock surged 73% over the past year. Her remaining position consists entirely of restricted stock units.
Chief Accounting Officer Ellie L. Mikes at Freeport-McMoRan Inc. divested 4,773 shares of the company's common stock on August 5, 2026, according to a SEC Form 4 filing. The transaction yielded a total value of $334,000, calculated using the weighted average sale price of $70.00 per share, as reported by the filing. Following the sale, the market value of Mikes' shares, based on the closing price on August 5, 2026, was $69.39 per share.
Freeport-McMoRan, a leading global copper producer with a market capitalization of $96.7 billion and trailing twelve-month revenues of $25.9 billion, boasts a diverse and resilient asset portfolio spanning multiple regions and commodities. The company's extensive workforce of 29,000 employees and strategically located mining operations provide operational resilience and exposure to growth drivers such as electrification and renewable energy infrastructure development.
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